San Luis Obispo County spent $2,340,994 on men’s collegiate basketball teams in 2023, representing an 8.9% increase from the previous year, according to the U.S. Department of Education.
Overall, basketball teams in the county received a total of $4,343,044, with men’s teams receiving $2,340,994.
Since 2010, the average sports expenses in San Luis Obispo County have grown 122.2%.
Basketball is one of the most popular sports played at U.S. colleges, as well as football. NCAA basketball teams are often as popular as NBA teams, and offer a different experience for fans.
In 2022, after a decades-long fight, student-athletes nationwide gained the right to profit from their names, likenesses, and images as a result of a flurry of new state laws and an NCAA policy change.
The basketball fund received around 168.57 million dollars from NCAA revenue in 2020–21.
| Year | Basketball team’s expenditures | % from grand total sport team expenditures | Total Sport Team Expenditures |
|---|---|---|---|
| 2023 | $2,340,994 | 7.3% | $32,099,086 |
| 2022 | $2,150,623 | 7.4% | $29,162,592 |
| 2021 | $1,950,606 | 8.6% | $22,591,100 |
| 2020 | $2,288,788 | 8.5% | $26,780,541 |
| 2019 | $2,228,263 | 6.8% | $32,773,266 |
